#kaiko posted the following chart which is of huge importance for every market participant in crypto:
It show the market depth of #BTC in major exchanges. As you can see, there’s a sharp drop in market depth around the time Cointelegraph tweeted the fake news. And over time the depth restored.

Why did this happen?
Well, there’s no easy answer to that. But what it shows is that when volatility increases, market makers remove their orders and depth becomes very thin. This action makes sense from risk management perspective for MMs. The lack of market depth creates inefficiencies.

If you are someone who trades in crypto here’s some important points to keep in mind.
- don’t send market orders during high volatility, if your order size is large market impact can be huge.
- don’t trade with large leverage, because even your bet is in the right direction the market can easily be manipulated
- watch for liquidity zone before you buy and sell (in between the price will move freely)

#etf #BTC #trading

Expecting a crypto pump this weekend.
More major systemic risk and high expectations for ETF.

So is it “BINANCE” or “BENANCE” after all?

@CZ @Binance Square Official
$BNB $BTC $ETH

Will be trading $BTC miners for this week.
If $BTC hold over $30k for some time, #ETF approval expectations and halving will send it. BTC dominance around ATH, miners selling reducing. Regional instability etc. Lots of indicators pointing to pump but huge risk of ETF rejection.

$BTC holding above $30.5k
$SOL holding above $30.
Expectations for #etf and halving.

BULL MARKET IS BACK!!!

#BullMarketIsBack #Bull

Let’s talk $XRP .

- The strongest government and regulatory connections globally.
- The strongest institutional connections globally
- Infrastructure is ready for mass adoption
- Transaction fees and speed is ideal for small and large transfers

Unlike other tokens #XRP has been around for long time and kept persistently promoting itself as payment token. The #SEC chasing slowed things down but now it’s time to watch the results of their efforts in past 5 years.

I am expecting lots of adoption and good news from around the world.

#BTC #ETH #bitcoin

A kind remember for all #Binance traders.
- DCA and wait for #bull
- Avoid leverage as much as you can
- Take profits whenever you see it

#BTC #ETH #BNB

Today we got a taste of what could happen if #BTC spot ETF gets approved. You will have second to grab anything under $30k, and you will be lucky if you can.

This will be followed by halving hype. There will be volatility in the next few months. Get ready for it.

Since there will be upward pressure make sure you are careful when you short.

#etf #BTC #ETH

As $BTC halving approaches, the best time to position yourself for a win is now. More precisely before the end of the year. This includes for watching listed BTC miners. If we look closely to miner activities, we can see they are preparing for the event in different way. As example, Hut 8 will stop selling their mined $BTC and Iris energy will increase capacity.

“Hello World!” Post.

Is #Binance on its way to becoming an crypto everything app?

I like this “Feed” initiative. It could be a place where we could get all the news and updates about the crypto industry in one place. I will be testing around and probably posting more technical content.

See you guys around.